NXG NextGen Infrastructure Income Fund (NYSE:NXG – Get Free Report) declared a monthly dividend on Monday, February 3rd, NASDAQ Dividends reports. Shareholders of record on Monday, March 17th will be paid a dividend of 0.54 per share on Monday, March 31st. This represents a $6.48 dividend on an annualized basis and a yield of 13.50%. The ex-dividend date is Monday, March 17th.
NXG NextGen Infrastructure Income Fund has raised its dividend by an average of 96.6% annually over the last three years.
NXG NextGen Infrastructure Income Fund Stock Performance
Shares of NXG opened at $48.01 on Friday. NXG NextGen Infrastructure Income Fund has a 1 year low of $34.83 and a 1 year high of $53.84. The stock’s 50-day moving average price is $48.26 and its two-hundred day moving average price is $45.78.
About NXG NextGen Infrastructure Income Fund
NXG NextGen Infrastructure Income Fund is a closed ended equity mutual fund launched and managed by Cushing MLP Asset Management, LP. The fund invests in stocks of companies across the energy supply chain spectrum, including upstream, midstream and downstream energy companies, as well as oil and gas services and logistics companies, energy-intensive chemical, metal and industrial and manufacturing companies and engineering and construction companies.
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